Lowest Price to Book Ratios in Automobile Manufacturers
The lowest price to book ratios in the Automobile Manufacturers industry have revealed some of the most valuable companies for investors. General Motors leads the pack with a price to book ratio of 1.58, followed closely by Ford Motor with a ratio of 2.45. These low ratios indicate that these companies may offer significant value to investors. Meanwhile, Tesla Motors Inc, which was previously recommended by SmarTrend to buy, has risen 13.8% since April 6th and continues to be monitored for potential shifts in its trend.
Key Takeaways:
- General Motors has the lowest price to book ratio in the Automobile Manufacturers industry with a ratio of 1.58.
- Ford Motor ranks second with a price to book ratio of 2.45.
- Winnebago Industries has a price to book ratio of 2.76, ranking third lowest in the industry.
- Thor Industries' price to book ratio is 3.13, placing it fourth lowest in the industry.
- Tesla Motors Inc has a price to book ratio of 32.11, indicating it may be a highly valued company at this time.
- SmarTrend recommended buying Tesla Motors Inc on April 6th, when shares were at $202.63.
- Since the recommendation, Tesla Motors Inc shares have risen 13.8%.
- SmarTrend continues to monitor Tesla Motors Inc for potential shifts in its trend and will alert subscribers immediately.
- SmarTrend analyzes over 5,000 securities simultaneously and provides trend change alerts in real time.
Statistics:
- General Motors' price to book ratio is 1.58.
- Ford Motor's price to book ratio is 2.45.
- Winnebago Industries' price to book ratio is 2.76.
- Thor Industries' price to book ratio is 3.13.
- Tesla Motors Inc's price to book ratio is 32.11.
- Tesla Motors Inc shares have risen 13.8% since April 6th.
Sources:
- SmarTrend(R) News Watch via COMTEX
- MySmarTrend.com
- Comtex News Network, Inc. 2015